Chapter 13

ELIGIBILITY FOR A CHAPTER 13 BANKRUPTCYEligibility does not change for a chapter 13 whether the individuals live in Moorestown New Jersey or Northeast Philadelphia. In order to file a Chapter 13, there are limits imposed. Pursuant to section 109 of the Bankruptcy...

Creditors may try to repossess your car, truck or your motor home if you are behind in payments. Filing for bankruptcy will stop asset repossession. If you file bankruptcy, creditors cannot repossess assets such as a car. If you are behind with your...

Chapter 13 bankruptcy is a great way to save your home by paying arrearages on a mortgage over time or to pay back unpaid taxes. But Chapter 13 has debt limits. As of April 1, 2016 a debtor cannot file Chapter 13 bankruptcy if they have more than $394,725.00 in...

What happens when a life estate is involved in a bankruptcy. First, a life estate is created in order to provide an individual with a right to remain in a property for the remainder of their life. For example in a will an individual can give his wife a life estate and...

As previously discussed in my Blog at bravermanlaw.com in certain hardship cases student loans can be eliminated. However, what about those circumstances where the student loan cannot be eliminated. Is there anything that can be done in bankruptcy that can help with...

Filing Bankruptcy after dismissal of prior bankruptcy can prevent foreclosure.Faced with the prospect of losing their home through foreclosure, individuals often turn to Chapter 13 Bankruptcy for relief. Under the Chapter 13 Bankruptcy, they can resume make their...

Throughout the United States, a significant number of people have fallen into the credit card debt and feel that they have no way out. Creditor harassment can pile additional stress onto New Jersey families, only making matters worse. There are several different...

New Jersey readers may be familiar with the famous television actress, Nicole Eggert, who once starred in the hit show "Baywatch" and recently filed for Chapter 13 bankruptcy. She has previously filed for Chapter 13 bankruptcy twice before and both times, the cases...

The rules that apply to the filing of a personal bankruptcy can be confusing to some in New Jersey. This is because the rules relate to not only what property can be maintained after the process is complete, but also to which chapter of the code may be used by an...

One of the first decisions made by people in New Jersey who find that they are unable to repay the debts that they owe is whether they should seek the protections offered by a personal bankruptcy. The second thought is which chapter of the Bankruptcy Code is best for...